India partners Colombia on sharing open-sourced digital public infrastructures
New Delhi, Feb 16 - In a bid to promote digital transformation via India stack's capacity-building programmes, India and Colombia on Friday signed a memorandum of understanding (MoU) on cooperation in the field of sharing successful digital solutions implemented at population scale for
New York judge in civil fraud case fines Trump $350 M, depleting available cash in election year
New York, Feb 17 - A local judge has dealt a blow to Donald Trump’s purse and ego, hitting him with a massive fine of over $350 million, depleting available cash in an election year and barring the billionaire real estate developer from
German insolvencies keep rising amid weak economy
Berlin, Feb 17 - The number of insolvencies in Germany rose 26.2 per cent year-on-year in January amid a weak economy, preliminary figures published by the Federal Statistical Office (Destatis) show on Friday.
RBI FAQs for Paytm Payments Bank customers — All you need to know
Mumbai, Feb 16 - The Reserve Bank of India (RBI) on Friday issued a list of frequently asked questions (FAQs) for the convenience of the customers of Paytm Payments Bank and the general public at large to explain how the business restrictions that
PM SVANidhi scheme loans to Delhi street vendors cross Rs 221cr mark
New Delhi, Feb 16 - Minister of Housing & Urban Affairs Hardeep Singh Puri said on Friday that the number of bank loans given to street vendors in Delhi under the PM SVANidhi scheme had crossed the 2 lakh mark and over Rs
Tech industry in India hits $254 bn in revenue in FY24, adds 60K employees
New Delhi, Feb 16 - The technology industry in India reached $253.9 billion in revenue with an addition of $9.3 billion incremental revenue in FY2024 (estimated), growing at 3.8 per cent from FY23, a Nasscom report said on Friday.
SpiceJet and Busy Bee Airways bid jointly for GoFirst
New Delhi, Feb 16 - The Chairman and Managing Director of SpiceJet, and Busy Bee Airways Private Limited, have jointly submitted a bid for the cash-strapped GoFirst.
India’s wearable market rises 34% in 2023 to 134mn units: Report
New Delhi, Feb 16 - India's wearable device market registered 34 per cent growth in 2023 to a record 134.2 million units, a new report said on Friday.
Sam Altman responds to CRED’s Kunal Shah query, creates AI video via Sora
New Delhi, Feb 16 - Kunal Shah, founder and CEO of fintech unicorn CRED, has received a response from OpenAI CEO Sam Altman after he asked for a specific video crafted using the company's newly launched text-to-video model 'Sora'.
India 3rd largest digitalized country among G20 nations: Report
New Delhi, Feb 16 - India now ranks as the third largest digitalised country among the G20 nations after US and China, when compared by the aggregate level of digitalisation, a new report showed on Friday, stressing that India's global ranking significantly improves
Ashwini Vaishnaw to inaugurate ‘Made in India’ Indus Appstore: PhonePe
New Delhi, Feb 16 - Union IT and Railways Minister Ashwini Vaishnaw is set to inaugurate Indus Appstore -- the first-ever ‘Made-in-India’ Android-based app store -- on February 21, leading fintech and digital payments leader PhonePe said on Friday.
Education Minister to inaugurate the World Universities Summit 2024 hosted by the O.P. Jindal Global University
Sonipat, Feb 16 - The three-day World Universities Summit on "Universities of the Future: A Global Partnership for Social Justice and Sustainable Development" organised by the International Institute for Higher Education Research & Capacity Building (IIHEd) of O.P. Jindal Global University (JGU), Sonipat,
Mahindra to equip its electric platform Inglo with electric components of Volkswagen
New Delhi, Feb 16 - Volkswagen Group and Mahindra & Mahindra Ltd. (M&M) have signed the first supply agreement on components of Volkswagen's MEB for Mahindra's purpose-built electric platform Inglo, a company statement said.
MeitY’s CoE Noida announces ‘designed in India’ bluetooth speaker
New Delhi, Feb 16 - The Centre of Excellence (CoE) for electronic system design and manufacturing, under the IT Ministry, on Friday announced the launch of a first-of-its-kind prototype bluetooth speaker enabled with HD Radio for the Indian market.
Gadkari unveils Rs 6,600cr worth highway projects in Odisha
New Delhi, Feb 15 - Union Minister for Road Transport & Highways Nitin Gadkari on Thursday inaugurated and laid the foundation stones for 28 National Highway projects entailing an investment of Rs 6,600 crore, through video conferencing at an event in Shri Jagannath
IN-SPACe facilitates transfer of six ISRO technologies companiesb
Chennai, Feb 15 - The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has facilitated transfer of six technologies belonging to the Indian space agency to private players.
Farmers protest: Traders, manufacturers fear loss in business as Tikri border remains sealed
New Delhi, Feb 16 - The ongoing farmers' protest and their call to march to the national capital, which led to the sealing of the interstate Tikri border, have triggered panic among traders of Haryana's Bahadurgarh and Delhi's Bawana Industrial Area (BIA) who
263 lakh ton of subsidized fertilizers provided to Punjab farmers in last 6 years: Govt data
New Delhi, Feb 15 - Although the farmers' protest continues in Punjab, official figures showed that the Central government provided substantial aid to the farmers in the state in the last six years.
UK slips into recession derailing Sunak’s pledge to generate growth
London, Feb 15 - The UK has slipped into recession just months ahead of a general election, official figures showed on Thursday, derailing Prime Minister Rishi Sunak's pledge to generate economic growth, the media reported.
RBI inks pact with Nepal Rastra Bank for UPI link
Mumbai, Feb 15 - The Reserve Bank of India (RBI) and Nepal Rastra Bank (NRB) on Thursday signed and exchanged terms of reference for integration of Unified Payments Interface (UPI) of India and National Payments Interface (NPI) of Nepal, respectively.